☆☆☆「指數基金教父」約翰．柏格專文讚譽☆☆☆☆☆☆柏格頭論壇雙雄《鄉民的提早退休計畫》作者們強力支持☆☆☆☆眾多指數投資人：查爾斯．艾利斯、威廉．伯恩斯坦、喬納森．克雷蒙等聯名推薦☆投資一定要主動嗎？不努力不積極就不會有獲利嗎？你是不是認為「積極進出市場，才能獲取成效」？你是不是覺得「只要努力，一定能挑到贏過市場的股票」？小心！你的貿然進取恐讓賺錢助力變阻力！其實，投資這門學問沒有你想得這麼困難或辛苦，只要轉變你的投資信仰，放下主動追求被動，使用指數化投資工具加上長期堅持的被動配置，《被動投資學》就是你成功追求致富的不敗信仰！知名《富比士》雜誌專欄作家理查‧菲利（Richard A. Ferri），從主動式證券經紀人變為提供被動式投資組合策略的公司創辦人。改變路線的他，以經紀商的銷售經驗加上實際歷史的研究數據，指明了主動式投資路線的曲折坎坷，以及被動式投資路線的種種優勢，下面，就一起來改變你的投資理念，學習能讓所有人抱得財富歸的投資學問吧！◎改變投資信仰第一招：放棄主動型基金長久以來，許多媒體、主動型基金業者不斷的揮舞著「主動型基金能賺取超額報酬」的大旗，吸引眾多投資人爭先恐後的加入其中。然而這一切只是行銷手法，事實上，主動型基金沒有你知道的那麼好！下列是你可能忽略的投資陷阱：【有銷售佣金或其他相關費用】在賺取超額報酬之前，當你選擇以主動型基金進行操作時，就須先繳納較高的相關手續費或佣金。跟相同投資目標的主動型基金相比較，追蹤指數的基金每年可能只收取0.2％的費用，而主動型基金每年則需收取1.2％的費用。【沒注意到的稅金】主動型基金為了努力賺取超額報酬，因而頻繁進出市場使得週轉率較高，而產生更多的稅金成本，這些成本需由投資人負擔。指數型基金的基金週轉率每年約6%，而主動型基金年度週轉率約50%。【追求高報酬的風險】愈高的報酬伴隨著愈高的風險。像是主動型基金可能會為了追求高報酬，而選擇小型資本公司的股票，因而有較高風險。【成功時的報酬少，失敗時的損失高】你以為只要績效勝出就能獲利，事實上，勝出的主動型基金賺取報酬的獲利程度，遠少於其他績效較差基金虧損所造成的高額損失，也就是說，勝出的主動型基金賺少賠多。【與指數型基金相比，績效較低】根據研究資料統計，當與主動型基金與指數型基金的報酬做比較，只有三分之一的機會主動型基金的績效會勝出，三分之二會輸給指數型基金，整體績效而
Throughout history, human societies have been organized preeminently as territories—politically bounded regions whose borders define the jurisdiction of laws and the movement of peoples. At a time whe
We may live in close proximity to others, yet true neighborly connection eludes us. Our communities face extreme segregation by wealth, race, ability, and more. How can we reclaim the meaning of "neighbor" and resuscitate the radical power of Jesus' command to love our neighbor? In this book, Joe Blosser, Executive Director of the Center for Community Engagement, offers new practices of neighbor love to help Christians support just and loving communities. He guides us to live in solidarity with others across differences, exercise sufficiency in our economic lives, and care for the sustainability of our planet and communities. When we align the impacts of our lives with these practices, we foster the shared sense of common good, mutual responsibility, and interconnectedness that Jesus intended. In a world where "neighbor" has become as meaningless as "friend" on Facebook, this book provides a compelling vision for neighboring and radical systemic change that enacts true justice and love
Blake Landon is a man who has everything—wealth, good looks, and the love of Erica Hathaway. The power couple has been through hell and back, and when life has torn them apart, somehow they have alway
《原則：生活與工作》作者Ray Dalio商管新書。透過研究美國、英國等大國長年的政治、經濟與歷史變動，歸納出全球經濟危機發生的循環脈絡，試圖摸索出世界未來走向及與應對之策。From the #1 New York Times bestselling author of Principles and legendary investor Ray Dalio, who has spent half a century studying global markets, The Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes.A few years ago, renowned investor Ray Dalio began noticing a confluence of political and economic conditions he hadn’t encountered before in his fifty-year career. They included large debts and zero or near-zero interest rates in the world’s three major reserve currencies; significant wealth, political, and values divisions within countries; and emerging conflict between a rising world power (China) and the existing one (US). Seeking to explain the cause-effect relationships behind these conditions, he began a study of analogous historical times and discove
Napoleon warned 'Let China sleep; when she wakes, she will shake the world'. Lawrence James's magisterial history analyses the relationship between Britain and China between the beginning of the Opium Wars in 1839 and the transfer of power in Hong Kong in 1997. THE LION AND THE DRAGON reveals the part that Britain played in the awakening of China, then covers relations between the two countries during the period when an aroused China did indeed shake the world.Lawrence James also follows the parallel trajectories of four competitive empires - the British, the Chinese, the Russian and the Japanese - during the nineteenth and twentieth centuries, and then the fortunes of a fifth imperial power, the United States. Successive British governments saw China as a source of wealth which needed to be protected. Local objections were seen off by force (the 'Opium' wars of 1839-42, 1856-7 and 1859-60) whose results proved that the Qing emperors could not protect their country.Indian troops were d
J.R.R. Tolkien famously described the Second Age of Middle-earth as a ‘dark age, and not very much of its history is (or need be) told’. And for many years readers would need to be content with the tantalizing glimpses of it found within the pages of The Lord of the Rings and its appendices, including the forging of the Rings of Power, the building of the Barad-dûr and the rise of Sauron. It was not until Christopher Tolkien published The Silmarillion after his father’s death that a fuller story could be told. Although much of the book’s content concerned the First Age of Middle-earth, there were at its close two key works that revealed the tumultuous events concerning the rise and fall of the island of Númenor. Raised out of the Great Sea and gifted to the Men of Middle-earth as a reward for aiding the angelic Valar and the Elves in the defeat and capture of the Dark Lord Morgoth, the kingdom became a seat of influence and wealth; but as the Númenóreans’ power increased, t
